This week’s main blog discussions include … Introducing the Dimonsaur For the past decade, Jamie Dimon has regularly been decrying bitcoin as a scam. Here’s a few of his quotes: Jamie Dimon tells Davos that Bitcoin is a ‘pet rock’ that does nothing—except help with fraud and money laundering Jamie Dimon lashes out against crypto:…
Things we’re reading today include … So much for the challenge from ‘challenger’ banks | The Guardian Monzo bank in money laundering rules investigation – BBC News Nationwide’s Virgin Money takeover shows how incredibly difficult it is for mid-tier banks to take on the big four lenders | Sky News From start-up to unicorn –…
Things we’re reading today include … Fed likely to make ‘material’ changes to controversial bank capital proposals, Jay Powell says (ft.com) New York Community Bank shares double after it announces vital $1 billion investment and new leadership – rebounding from a 40% plunge earlier in the day | Daily Mail Report: European climate fintech startups…
Things we’re reading today include … Stop Bank Spying — Big Brother Watch US banks abandon ‘bare minimum’ environmental standards project, alarming climate groups | The Guardian Revolut UK CEO Says London’s Role as Fintech Hub Under Threat – Bloomberg Monzo secures $430m from CapitalG and others, valuation hits $5bn – FinTech Global Bitcoin: what…
Things we’re reading today include … Why we’re fighting to keep London first for fintech | Evening Standard Top fintech chiefs join Innovate Finance ‘Unicorn Council’ (finextra.com) Dutch fintech Bunq moves top exec to UK to lead post-Brexit return (fnlondon.com) European Central Bank sees supervisory boost from generative AI – Thomson Reuters Institute Starling Bank…
Things we’re reading today include: Banks call for crackdown on Apple over claims it stockpiles UK data (telegraph.co.uk) Bank of England compliance breaches rising despite clean-up (thetimes.co.uk) The Yorkshire businessman who has to bank cheques… in London | This is Money When startups fail, these startups clean up | TechCrunch Hong Kong Launches Prototype ‘Green…
Things we’re reading today include … How Buy Now, Pay Later Became a Fintech Fixture | FinTech Magazine Mastercard and MTN expand fintech cooperation – Developing Telecoms Lloyds Bank issues warning on impersonation scams as they rise 13% – Lloyds Banking Group Ajman Bank Embraces ‘Responsible Banking’ in Partnership With KPMG ESG Services | The…
Things we’re reading today include … HSBC is paying salaries like a Wall Street bank now (efinancialcareers.com) Jeremy Hunt to announce UK government sale of NatWest shares | The Guardian Is bitcoin back? Price suddenly surges as investors flock to crypto | The Independent What bank execs are saying about embedded finance | Bank Automation…
Things we’re reading today include … Debanking fears as over 140k business accounts closed | Sky News Stablecoins win 60% of crypto volume as soaring coins lure bets on reliability – DL News Asset servicing industry news | BNP Paribas and Citi invest in United Fintech (assetservicingtimes.com) Greening the Bank of England’s Collateral Framework –…
